Thieler Law Corp advises investors with losses exceeding $100,000 of the November 27, 2015 lead plaintiff deadline in a class action lawsuit filed against QLogic Corporation (NASDAQ:QLGC) (“QLogic Corporation” or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased QLogic Corporation securities between April 30, 2015 and July 30, 2015, have until November 27, 2015 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased QLogic Corporation securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 866-6157 or emailing mail@thielerlaw.com .  No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that QLogic Corporation was being adversely impacted by lower than expected demand due to weakness in its enterprise server and storage markets. The Company was being harmfully impacted by operational issues that include an inventory build-up at a major OEM customer, as a result, QLogic Corporation's finances  was negatively impacted and QLogic Corporation statements about its business, operations, and prospects lacked a reasonable basis.

On July 30, 2015, QLogic Corporation announced that its financial results had been negatively impacted by “operational issues including an inventory build-up primarily at a major OEM customer.” After this announcement was made  QLogic Corporation shares  fell $2.51 per share or over 22% to close at $8.87 per share on July 31, 2015.

If you were negatively impacted by your investment in QLogic Corporation (NASDAQ:QLGC) securities between April 30, 2015 and July 30, 2015 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm.

Thieler Law Corp

2534 State Street - Suite 406,

San Diego, CA 92101

by

email: mail@thielerlaw.com 

or

telephone at +1 (619) 377 - 4324

or

visit our website http://www.thielerlaw.com/ 

or

Facsimile: +1 (619) 785 – 3185